Hangar 51 Ventures by IAG

Hangar 51 Ventures — rebranded as IAGi Ventures in 2025 — is the corporate venture capital and accelerator arm of International Airlines Group (IAG), one of the world's largest airline groups operating Aer Lingus, British Airways, Iberia, LEVEL, Vueling, IAG Loyalty, and IAG Cargo. Founded in 2016 and headquartered in London with operations in Madrid, the program committed €200 million over five years upon its 2025 rebrand to IAGi Ventures, with check sizes ranging from £500K to £10 million across Seed to Series B stages. The firm's strategic focus spans four pillars: Sustainability (decarbonizing aviation), Customer Experience (enhancing the passenger journey), Operational Efficiency (improving Group-wide performance), and Airports (optimizing turnaround and ground operations). Notable portfolio investments include ZeroAvia (hydrogen-electric aviation, IAG contributed to a $68 million Series B), Assaia (AI for airport apron operations), Volantio (airline revenue management), and i6 Group (aviation services). The IAGi Accelerator — formerly Hangar 51 Accelerator, run in partnership with Plug and Play — concluded its eighth edition in 2024, selecting a record 29 startups for a 12-week program working directly with IAG operational experts. IAGi Ventures backs founders building technologies that can be tested and scaled across the IAG Group's airlines, giving portfolio companies direct access to one of aviation's most operationally complex and commercially significant corporate ecosystems. The combination of a €200 million commitment, an established accelerator pipeline, and group-wide deployment channels makes it a uniquely positioned strategic investor for aviation and travel technology startups.